Arbitrum (ARB) price breaks 6-month range with targets up to $1.20 as analysts highlight strong bullish momentum.

 

After six months of trading in a narrow range, Arbitrum (ARB) has broken out, attracting increased attention from traders and analysts. The move has sparked new price projections, with market watchers now eyeing levels up to $1.20 if momentum holds.

Analysts Point to Key Arbitrum Target Zones

Crypto analyst Michaël van de Poppe stated on X that ARB has cleared its consolidation range, which had capped gains since February. 

$ARB has broken out of the range after six months of consolidation.

Very likely we’ll start a new uptrend, an dthe next target zones are $0.95-1.00 and $1.15-1.20. pic.twitter.com/8TWKdJ1QXT

— Michaël van de Poppe (@CryptoMichNL) August 14, 2025

He suggested the next potential targets are between $0.95 and $1.00, followed by $1.15 to $1.20. This view is based on the breakout from a range that held the token between $0.40–$0.45 on the lower side and just under $0.55 on the upper side.

Lucky, another trader on X, remarked that ARB is “getting some serious attention,” pointing to growing interest in the token. 

Posty, also on X, said it “might be time to pay attention to Arbitrum again,” noting that a retest after the breakout could offer an entry before a possible next move upward.

$ARB is getting some serious attention. https://t.co/VS6xVhX7js pic.twitter.com/F48k5LVpm8

— Lucky (@LLuciano_BTC) August 14, 2025

Technical Breakout and Market Reaction

Since February, ARB had faced repeated rejections near its upper resistance level, forcing it back into a tight range. This week’s rally broke that pattern, pushing the price through the resistance and allowing it to retest the breakout area successfully.

Traders view the retest and hold above the former ceiling as a sign of stronger buyer control.

On the daily chart, trading volume has increased alongside the price move, showing active market participation. ARB’s 24-hour trading volume rose 157% to $1.45 billion, while its market capitalization reached $2.81 billion.

The price is currently around $0.5464, marking a 15% gain in a day and nearly 40% in the past week.

Arbitrum daily price chart, Source| TradingView

Arbitrum Resistance, Support Levels, and Short-Term Outlook

Technical analysis shows ARB has broken above $0.53, which aligns with the 23.6% Fibonacci retracement level. It has also moved above its 200-day SMA at $0.388 and 7-day EMA at $0.467, indicating positive momentum.

The current Relative Strength Index (RSI) of 71.64 suggests strong buying pressure, though it signals caution for possible overbought conditions.

Immediate resistance is seen at $0.5828, with a further target at $0.60. If buyers push past these points, attention could shift to the $0.95–$1.00 range mentioned by Van de Poppe, and potentially to $1.15–$1.20. Support is now set around $0.54, followed by $0.4931, levels that traders will watch to confirm the breakout remains intact.

The post AB Breakout Fuels Bullish Momentum With Price Targets Set as High as $1.20 appeared first on Live Bitcoin News.

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Filed under: Bitcoin - @ August 15, 2025 5:25 am